Table 7-4 Output Per Hour of Work

question 152

Essay

Table 7-4
Output Per Hour of Work
Table 7-4 shows the output per hour of work for light bulbs and flash drives in Mexico and in Canada.
-Refer to Table 7-4.
a.Which country has an absolute advantage in the production of both light bulbs and flash drives?
b.Which country has a comparative advantage in the production of light bulbs?
c.Which country has a comparative advantage in the production of flash drives?

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Definitions:

Richard Reid

Richard Reid, also known as the "Shoe Bomber," is a British terrorist who attempted to detonate explosives packed into his shoes on an American Airlines flight in December 2001.

Low Explosive

A substance capable of exploding at a slower rate, primarily used for propellants and pyrotechnics, compared to high explosives which detonate.

Organic Solid

A solid material composed of organic compounds, which consist of carbon atoms bonded together in chains or rings.

Oxygen Balance

Oxygen balance is a concept in chemistry, particularly in the analysis of explosive materials, referring to the ratio between the oxygen available and required for complete oxidation of the combustible components of a compound.